EGM of the Company Scheduled on Friday, 05th June, 2026 at 03:00 P.M. Through VC/OAVM to Transact business as per Notice Attached Herewith
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Eforu Entertainment Ltd (formerly Tavernier Resources Ltd) has convened an EGM on June 5, 2026 to seek shareholder approval for a preferential allotment of up to 15,48,500 equity shares at Rs. 91 per share, raising Rs. 14.09 crore. The allottees include promoter Amit Pankaj Vedawala (getting 2,98,900 shares, reducing his stake from 58.27% to 50.25%) and two non-promoter investors - Global9 LLC (getting 11,95,800 shares, becoming 15.89% shareholder) and Dilip Modi (getting 53,800 shares). The proceeds will fund office/studio infrastructure (Rs. 5.20 crore), film and entertainment production (Rs. 4.21 crore), branding and marketing (Rs. 4 crore), and general corporate purposes (Rs. 0.68 crore). Remote e-voting runs from June 2-4, 2026.
Existing shareholders face dilution as share count increases from 59.79 lakh to 75.28 lakh shares. Promoter stake drops below majority control (50.25%) post-issue, while new investor Global9 LLC emerges as a significant 15.89% shareholder. The company appears to be pivoting towards entertainment/media operations based on the stated use of proceeds.